Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market
Hydrogen produced without carbon emissions could be a useful fuel as nations look to decarbonize their electricity, transport, and industry sectors. Using the iodine–sulfur (IS) cycle coupled with a nuclear heat source is one method for producing hydrogen without the use of fossil fuels. An economic...
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| Language: | English |
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MDPI AG
2021-12-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/14/24/8289 |
| _version_ | 1797505135911370752 |
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| author | James Richards Cristian Rabiti Hiroyuki Sato Xing L. Yan Nolan Anderson |
| author_facet | James Richards Cristian Rabiti Hiroyuki Sato Xing L. Yan Nolan Anderson |
| author_sort | James Richards |
| collection | DOAJ |
| description | Hydrogen produced without carbon emissions could be a useful fuel as nations look to decarbonize their electricity, transport, and industry sectors. Using the iodine–sulfur (IS) cycle coupled with a nuclear heat source is one method for producing hydrogen without the use of fossil fuels. An economic dispatch model was developed for a nuclear-driven IS system to determine hydrogen sale prices that would make such a system profitable. The system studied is the HTTR-GT/H<sub>2</sub>, a design for power and hydrogen cogeneration at the Japan Atomic Energy Agency’s High Temperature Engineering Test Reactor. This study focuses on the development of the economic model and the role that input data plays in the final calculated values. Using a historical price duration curve shows that the levelized cost of hydrogen (LCOH) or breakeven sale price of hydrogen would need to be 98.1 JPY/m<sup>3</sup> or greater. Synthetic time histories were also used and found the LCOH to be 67.5 JPY/m<sup>3</sup>. The price duration input was found to have a significant effect on the LCOH. As such, great care should be used in these economic dispatch analyses to select reasonable input assumptions. |
| first_indexed | 2024-03-10T04:14:17Z |
| format | Article |
| id | doaj.art-aae77b06b559435aa6ef30aec7a294a9 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T04:14:17Z |
| publishDate | 2021-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-aae77b06b559435aa6ef30aec7a294a92023-11-23T08:05:11ZengMDPI AGEnergies1996-10732021-12-011424828910.3390/en14248289Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity MarketJames Richards0Cristian Rabiti1Hiroyuki Sato2Xing L. Yan3Nolan Anderson4Nuclear Science and Technology Directorate, Idaho National Laboratory, Idaho Falls, ID 83402, USANuclear Science and Technology Directorate, Idaho National Laboratory, Idaho Falls, ID 83402, USASector of Fast Reactor and Advanced Reactor Research and Development, Japan Atomic Energy Agency, 2-4, Shirakata, Tokai 319-1195, JapanSector of Fast Reactor and Advanced Reactor Research and Development, Japan Atomic Energy Agency, 2-4, Shirakata, Tokai 319-1195, JapanNuclear Science and Technology Directorate, Idaho National Laboratory, Idaho Falls, ID 83402, USAHydrogen produced without carbon emissions could be a useful fuel as nations look to decarbonize their electricity, transport, and industry sectors. Using the iodine–sulfur (IS) cycle coupled with a nuclear heat source is one method for producing hydrogen without the use of fossil fuels. An economic dispatch model was developed for a nuclear-driven IS system to determine hydrogen sale prices that would make such a system profitable. The system studied is the HTTR-GT/H<sub>2</sub>, a design for power and hydrogen cogeneration at the Japan Atomic Energy Agency’s High Temperature Engineering Test Reactor. This study focuses on the development of the economic model and the role that input data plays in the final calculated values. Using a historical price duration curve shows that the levelized cost of hydrogen (LCOH) or breakeven sale price of hydrogen would need to be 98.1 JPY/m<sup>3</sup> or greater. Synthetic time histories were also used and found the LCOH to be 67.5 JPY/m<sup>3</sup>. The price duration input was found to have a significant effect on the LCOH. As such, great care should be used in these economic dispatch analyses to select reasonable input assumptions.https://www.mdpi.com/1996-1073/14/24/8289hydrogennucleareconomic dispatchintegrated energy systemsiodine–sulfur cyclestochastic optimization |
| spellingShingle | James Richards Cristian Rabiti Hiroyuki Sato Xing L. Yan Nolan Anderson Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market Energies hydrogen nuclear economic dispatch integrated energy systems iodine–sulfur cycle stochastic optimization |
| title | Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market |
| title_full | Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market |
| title_fullStr | Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market |
| title_full_unstemmed | Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market |
| title_short | Economic Dispatch Model of Nuclear High-Temperature Reactor with Hydrogen Cogeneration in Electricity Market |
| title_sort | economic dispatch model of nuclear high temperature reactor with hydrogen cogeneration in electricity market |
| topic | hydrogen nuclear economic dispatch integrated energy systems iodine–sulfur cycle stochastic optimization |
| url | https://www.mdpi.com/1996-1073/14/24/8289 |
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